Summer Suites, Menara Solaris
Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 493 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.
UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 59 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.
This SOHO building has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:
- Erican College (KLCC Campus)
- Institute Of Research And Postgraduate Studies Universiti KL City Campus
- Premier College
- Queens College KL
- The Regency College
- Universiti KL
- University Of Wolverhampton
- Yes International College (fka Yes Academy)
As for metro transport stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center.
Lastly, the schools here are French Culinary School In Asia, SMK Convent Bukit Nanas and SMK Puteri Wilayah.
The current market prices for Summer Suites are from RM500,000 (about RM1,010 psf); while the monthly rentals are from RM2,100 to RM2,400 (about RM4.40 psf). The highest median price psf ever recorded was RM1,076 psf in Q2 2015; while the lowest one was RM700 psf in Q1 2013.
The current rental yield of Summer Suites is around 4.55%, compared to 4.88% a year ago in Q1 2018. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 4.04% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
Latest Summer Suites for sale listings:
Latest Summer Suites for rent listings: